Needs vs Wants
what is a need?
a need is something that you can't live without.
Someone who starts a business is a...
Entreprenuer
labor...
hard working
labor day is the end of...
child labor
what is a want?
a want is something that you CAN live without.
a plan for how much money you save for a need or a want is called...
a Budget
goods...
something that can be bought
where was the first Labor Day?
NYC
which one of these is a need:electricity,land,clean water
clean water
money you earn is called...
Income
interest...
$ on top of $
what is the purpose of Labor Day is...
the end of child labor,give a day off,and to celebrate all our hard work.
which one of these is a want:shoes,a cheap t-shirt,a new watch.
a new watch.
something that you have to have to survive is a...
need
taxes...
% of what you pay that goes to the gov't
what day was the first labor day...
9/5/1882
why do people get confused about what is a want or need?
because a really strong want can feel like a need
something you can live without is a...
want
consumers...
ppl who buy/use goods/services
what year did Labor Day become a holiday
1894